Reading Time: 3 Minutes
One of the many challenges you probably face as a business owner is dealing with the vague requirements present in HIPAA and PCI-DSS legislation. Due to the unclear regulatory messaging, “assuming” rather than “knowing” can land your organisation in hot water with regulators.
Recommended Article – Governance: Understanding Guidelines, frameworks and standards
The Health and Human Services (HSS) Office for Civil Rights receives over 1,000 complaints and notifications of HIPAA violations every year. When it comes to PCI-DSS, close to 70% of businesses are non-compliant. While you might assume it’s okay if your business does not comply with HIPAA or PCI-DSS since many other companies are non-compliant as well, we can assure you it’s not. Keep in mind that being non-compliant puts you and your business at risk of being audited and fined.
Never take compliance lightly because non-compliance can lead to:
First Step to Compliance: A Thorough and Accurate Risk Assessment.
If you are unsure where to start, assessing your business tools — cloud, VoIP, email service, electronic file-sharing service, applications, etc. — is an excellent place to start.
Protecting your SAAS Data is your Responsibility – learn more with our article on the topic
If your main business activities are being performed within such tools, their standards will directly interfere with your compliance level. Here are a few ways to check your existing business tools for compliance:
These lists are not comprehensive and only scratch the surface. Also, none of the points mentioned above ensures the tool is HIPAA or PCI-DSS compliant. Just consider it a starting point.
If you’re confused about what your next steps should be, don’t worry. We’re here to help.
Use our expertise in compliance matters to conduct a comprehensive assessment of your business’s current state of compliance. We call this the Gap Analysis, and with it, you’ll have a clear understanding of where you are and what is missing to reach your goals.
This analysis also covers the cybersecurity and technology perspective, both crucial for business success in the long run. Talk to us now to learn more.